Share via

The global economy will suffer many twists and turns before the financial crisis is over, the Governor of the Bank of England warned last night, as the chaos in Cyprus continued to rattle investors.

“The phrase ‘the crisis’ has been used to mean so many different things, but whichever crisis we are talking about it is far from over,” Sir Mervyn said at the London School of Economics. Also in attendance were his successor Mark Carney, Ben Bernanke, the Chairman of the US Federal Reserve, and Jean Claude Trichet, the former president of the European Central Bank.